The 4 Key Strengths of China’s Economy — and What They Mean for Multinational Companies

China’s hybrid “state capitalist” system, driven by centralized planning and fierce competition, has led to dominance in critical technological fields and emerging markets. Western multinational corporations are advised to adopt a pragmatic approach to capitalize on four key strengths of China’s economy: its innovation ecosystem, its investment in the Global South, its ultra-competitive markets, and its vast consumer base. Those who fail to engage risk losing global revenue and strategic opportunities.

The 4 Key Strengths of China’s Economy — and What They Mean for Multinational Companies

Littoral Combat Ship Still Fighting to Prove Its Worth

The Littoral Combat Ship was meant to start the Navy’s operational renaissance. But a chorus of naysayers and critics have put service leaders on the defensive, insisting that the troubled program has turned a corner.

Littoral Combat Ship Still Fighting to Prove Its Worth

They’ve increased the crew size and have been training them to maintain the ships themselves rather than relying on the original contractors. 

Related:

The Littoral Combat Ship: How We Got Here, and Why (PDF)

Littoral Combat Ship: Actions Needed to Address Significant Operational Challenges and Implement Planned Sustainment Approach

USNI Proceedings PodcastLittoral Combat Ships: How the Navy is Employing Them (Ted LeClair, Marc Crawford, Mark Haney)

Previously:

The Inside Story of How the Navy Spent Billions on the “Little Crappy Ship”

The Navy just launched a brand new ship it doesn’t even want